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Recently, $BTC has been under pressure, even though U.S. institutions continue to accumulate, and the Coinbase Premium remains positive. This interesting contrast highlights the changing dynamics in the market. The pressure on the price is primarily coming from Asia rather than the U.S., indicating a shift in the balance between global sellers and buyers.

Major Asian exchanges like Binance, OKX, and Bybit have seen persistent spot selling. This selling is largely from miners and long-term holders rather than retail investors. Miners are being forced to sell due to rising operational and energy costs. Technically, when miners are forced to liquidate their holdings, the network’s hash rate decreases, which can affect block production speed and transaction processing.

Recent data shows that the hash rate has dropped by approximately 8%, signaling stress among miners. This decrease indicates that the overall power of the mining network is declining, creating temporary downward pressure on prices as forced selling hits the market.

Long-term Asian holders are also distributing their Bitcoin. This trend adds limited supply to the market, which is being absorbed by continuous institutional buying. Technically, this is known as market “redistribution,” where large holders provide liquidity while institutions accumulate.

The situation suggests that there is no major crash occurring—only a shift in supply and demand. Prices will remain under pressure until the forced selling is fully absorbed by the market. Once this supply clears, institutional buying is likely to support renewed upward momentum.

Bitcoin’s current market behavior is an example of healthy redistribution rather than a crash. The interplay between miner and long-term holder selling and institutional buying provides a strong foundation for the market. Investors can use these technical signals and global selling patterns to make informed decisions.
#bitcoin #CryptoNews #technews

Tesla is facing intense scrutiny from California regulators over allegedly misleading claims about its Autopilot and Full Self-Driving (FSD) systems. A state administrative law judge has ruled that the company misrepresented the capabilities of its driver-assistance features, potentially putting drivers at risk.

Sales and Production Licenses at Risk
According to the ruling issued Tuesday, Tesla engaged in deceptive marketing by suggesting its vehicles could drive themselves autonomously—despite the systems still requiring active driver supervision. The state’s Department of Motor Vehicles (DMV) recommended a 30-day suspension of Tesla’s vehicle sales license in California, as well as a separate 30-day suspension of its manufacturing permit.
DMV Director Steve Gordon stated that Tesla has 90 days to revise or remove any misleading language from its marketing materials. “The company must clarify what these systems can and cannot do, so buyers are not misled,” Gordon emphasized. For now, DMV will delay enforcement of the manufacturing penalty to keep Tesla’s factories running, but warned that sanctions will be enforced if compliance is not met.

The Issue Dates Back to 2022
The conflict began in 2022, when DMV first warned that Tesla’s marketing could give consumers a false impression that the cars are fully autonomous. In response, Tesla later renamed its premium system to “Full Self-Driving (with supervision)”, acknowledging that human oversight remains necessary.

Ironic Timing: Stock Hits All-Time High
Ironically, the ruling came on the same day Tesla stock closed at a record high, boosted by growing investor excitement over upcoming Robotaxi plans. Shares surged 3.1% to $489.88, beating the previous record close of $479.86.
Despite a sharp 36% drop in Q1 2025, Tesla stock has since recovered and is now up 21% over the past year. With a current market cap of $1.63 trillion, Tesla now ranks as the seventh-largest publicly traded company in the world, just behind Nvidia, Apple, Microsoft, Alphabet, Amazon, and Meta.

Elon Musk’s Net Worth Soars
As Tesla stock climbs, so does Elon Musk’s net worth, now estimated by Forbes at $684 billion. This places him comfortably atop the global rich list—over $430 billion ahead of Larry Page, who sits in second place.

State Officials Demand Action
The California DMV has made it clear: if Tesla fails to adjust its language by the deadline, fines and license suspensions will proceed regardless of any appeals. Gordon concluded that the goal is to ensure drivers fully understand the current limitations of the technology, which still falls short of full autonomy.

#Tesla , #ElonMusk , #technews , #ROBOTAXI , #worldnews

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